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Topic: [ANN] Blacknet | IBO for BlackCoin | New code | PoS | No ICO - page 24. (Read 2509671 times)

full member
Activity: 323
Merit: 197
Two-way squared
"PoS: Although it is possible to shoehorn proof-of-stake into a UTXO paradigm, such a paradigm is much more complicated and ugly than just using accounts."

Rat4, if you are going to pretend that PoS works better on an account based system, spoiler it doesn't, don't manipulate the original source of information to fit your goals.

Original Text from Ethereum:

"Simplicity: easier to code and understand, especially once more complex scripts become involved. Although it is possible to shoehorn arbitrary decentralized applications into a UTXO paradigm, essentially by giving scripts the ability to restrict what kinds of UTXO a given UTXO can be spent to, and requiring spends to include Merkle tree proofs of change-of-application-state-root that scripts evaluate, such a paradigm is much more complicated and ugly than just using accounts."

Stop manipulating people here to burn their coins to support your centralised agenda and be honest with everyone. Be fair, please. I'm being as fair as I can, as I always had, but I can't sit idly.

You have no arguments, but you argue with my research. This is called manipulation.

Brother, I have yet to see your research. How can I argue with it?

You disagree with my conclusion that pos is a dapp, and so benefits from accounts.
full member
Activity: 323
Merit: 197
Two-way squared
So i can use the "old" 1.2.5 Wallet with the old wallet.dat anyway? When i use the "old" wallest.dat with the nes 1.2.5.1 im with the old BLK on the new chain or in the future a swap is possible?

1.2.5 is current version. 1.2.5.1 adds burning functions (for the swap in future)
legendary
Activity: 3850
Merit: 2585
The JPL license states:

3.4.1 The token holders from the original distributed ledger instance shall be allocated a portion (an "airdrop") of the tokens in that new DLT Instance proportional to their token balances.

So this would seem more like a snapshot? How come a burn still will be the chosen option then?

It means if you use Blacknet code for a different blockchain, you have to make snapshot (airdrop).

The Blackcoin Wallet 1.2.5 is discontinued? So i must swap or i can use the old wallet.dat? Also a Raspberry wallet available?

No, new team is continuing old Blackcoin.

So i can use the "old" 1.2.5 Wallet with the old wallet.dat anyway? When i use the "old" wallest.dat with the nes 1.2.5.1 im with the old BLK on the new chain or in the future a swap is possible?
full member
Activity: 205
Merit: 114
Joshua J. Bouw
"PoS: Although it is possible to shoehorn proof-of-stake into a UTXO paradigm, such a paradigm is much more complicated and ugly than just using accounts."

Rat4, if you are going to pretend that PoS works better on an account based system, spoiler it doesn't, don't manipulate the original source of information to fit your goals.

Original Text from Ethereum:

"Simplicity: easier to code and understand, especially once more complex scripts become involved. Although it is possible to shoehorn arbitrary decentralized applications into a UTXO paradigm, essentially by giving scripts the ability to restrict what kinds of UTXO a given UTXO can be spent to, and requiring spends to include Merkle tree proofs of change-of-application-state-root that scripts evaluate, such a paradigm is much more complicated and ugly than just using accounts."

Stop manipulating people here to burn their coins to support your centralised agenda and be honest with everyone. Be fair, please. I'm being as fair as I can, as I always had, but I can't sit idly.

You have no arguments, but you argue with my research. This is called manipulation.

Brother, I have yet to see your research. How can I argue with it?
full member
Activity: 323
Merit: 197
Two-way squared
"PoS: Although it is possible to shoehorn proof-of-stake into a UTXO paradigm, such a paradigm is much more complicated and ugly than just using accounts."

Rat4, if you are going to pretend that PoS works better on an account based system, spoiler it doesn't, don't manipulate the original source of information to fit your goals.

Original Text from Ethereum:

"Simplicity: easier to code and understand, especially once more complex scripts become involved. Although it is possible to shoehorn arbitrary decentralized applications into a UTXO paradigm, essentially by giving scripts the ability to restrict what kinds of UTXO a given UTXO can be spent to, and requiring spends to include Merkle tree proofs of change-of-application-state-root that scripts evaluate, such a paradigm is much more complicated and ugly than just using accounts."

Stop manipulating people here to burn their coins to support your centralised agenda and be honest with everyone. Be fair, please. I'm being as fair as I can, as I always had, but I can't sit idly.

You have no arguments, but you argue with my research. This is called manipulation.
STT
legendary
Activity: 3962
Merit: 1424
Leading Crypto Sports Betting & Casino Platform
Publicity, more people know about Bitconnect despite it being a bad system.   Its infamous even, even bad publicity sells some kind of story I guess but how solid is that capital figure given is another matter.    Market cap isnt the most certain valuation, I think circulation and usage is a better system to measure potential value overall.


The Blackcoin Wallet 1.2.5 is discontinued? So i must swap
I dont think there is any must to do action for people who will continue to use BLK.  This is just a new project available optionally.  I've not heard otherwise
full member
Activity: 205
Merit: 114
Joshua J. Bouw
Someone explain to me how BitConnect STILL has a higher market cap than this coin?

Yeah who knows. Surprises me as well.

From the BlackNet website:

"PoS: Although it is possible to shoehorn proof-of-stake into a UTXO paradigm, such a paradigm is much more complicated and ugly than just using accounts."

Rat4, if you are going to pretend that PoS works better on an account based system, spoiler it doesn't, don't manipulate the original source of information to fit your goals.

Original Text from Ethereum:

"Simplicity: easier to code and understand, especially once more complex scripts become involved. Although it is possible to shoehorn arbitrary decentralized applications into a UTXO paradigm, essentially by giving scripts the ability to restrict what kinds of UTXO a given UTXO can be spent to, and requiring spends to include Merkle tree proofs of change-of-application-state-root that scripts evaluate, such a paradigm is much more complicated and ugly than just using accounts."

Stop manipulating people here to burn their coins to support your centralised agenda and be honest with everyone. Be fair, please. I'm being as fair as I can, as I always had, but I can't sit idly.

I'm still dictator in the project I started.

WOW ... just Wow !
So you really dont see this as a community project ?


A touch of sarcasm methinks. He may retreat to the masterful rat in the hoodie sometimes, but the crypto spirit in him lives strong.



Unfortunately, not. TheDogeOfWallSt and StGnu tried to work core dev with rat4 in 2014, and he refused to give some control.
full member
Activity: 205
Merit: 114
Joshua J. Bouw
The JPL license states:

3.4.1 The token holders from the original distributed ledger instance shall be allocated a portion (an "airdrop") of the tokens in that new DLT Instance proportional to their token balances.

So this would seem more like a snapshot? How come a burn still will be the chosen option then?

It means if you use Blacknet code for a different blockchain, you have to make snapshot (airdrop).

The Blackcoin Wallet 1.2.5 is discontinued? So i must swap or i can use the old wallet.dat? Also a Raspberry wallet available?

No, new team is continuing old Blackcoin.
full member
Activity: 205
Merit: 114
Joshua J. Bouw
For people that are curious, Blacknet would likely be going to an account based system, which is why Blackcoin is incompatible with it. Account based systems, adopted by ETH and XTZ, make it simpler for smart contracts.

EDIT: Just saw that this was addressed on the Blacknet site.
legendary
Activity: 3850
Merit: 2585
The JPL license states:

3.4.1 The token holders from the original distributed ledger instance shall be allocated a portion (an "airdrop") of the tokens in that new DLT Instance proportional to their token balances.

So this would seem more like a snapshot? How come a burn still will be the chosen option then?

It means if you use Blacknet code for a different blockchain, you have to make snapshot (airdrop).

The Blackcoin Wallet 1.2.5 is discontinued? So i must swap or i can use the old wallet.dat? Also a Raspberry wallet available?
jr. member
Activity: 98
Merit: 2
It means if you use Blacknet code for a different blockchain, you have to make snapshot (airdrop).

Sounds like good news, thank you! Grin
full member
Activity: 323
Merit: 197
Two-way squared
The JPL license states:

3.4.1 The token holders from the original distributed ledger instance shall be allocated a portion (an "airdrop") of the tokens in that new DLT Instance proportional to their token balances.

So this would seem more like a snapshot? How come a burn still will be the chosen option then?

It means if you use Blacknet code for a different blockchain, you have to make snapshot (airdrop).
jr. member
Activity: 41
Merit: 2
Is blacknet started from scratch?  Or is it a fork of an existing project?
hero member
Activity: 924
Merit: 526
GIF by SOCIFI
Are you considering developing a FOMO for blacknet?

FOMO, but slightly different from Ethereum version.

Whether it can deliver value to blackcoin continuously(If burned for a long time, it can transfer value to blackcoin.)

I think about at least a few months of burning.

Blackcoin is a classic digital currency that many people don't want to give up.

地球人

https://blacknet.ninja/posts/2018-08-09-jpl.html

Cool that you are working on a FOMO version too.

The JPL license states:

3.4.1 The token holders from the original distributed ledger instance shall be allocated a portion (an "airdrop") of the tokens in that new DLT Instance proportional to their token balances.

So this would seem more like a snapshot? How come a burn still will be the chosen option then?
sr. member
Activity: 896
Merit: 290
Someone explain to me how BitConnect STILL has a higher market cap than this coin?
newbie
Activity: 12
Merit: 0
are you working alone?
member
Activity: 91
Merit: 10
Are you considering developing a FOMO for blacknet?

FOMO, but slightly different from Ethereum version.

Whether it can deliver value to blackcoin continuously(If burned for a long time, it can transfer value to blackcoin.)

I think about at least a few months of burning.

Blackcoin is a classic digital currency that many people don't want to give up.

地球人

https://blacknet.ninja/posts/2018-08-09-jpl.html

Java then? Will the extensions also need to be written in Java?
full member
Activity: 323
Merit: 197
Two-way squared
Are you considering developing a FOMO for blacknet?

FOMO, but slightly different from Ethereum version.

Whether it can deliver value to blackcoin continuously(If burned for a long time, it can transfer value to blackcoin.)

I think about at least a few months of burning.

Blackcoin is a classic digital currency that many people don't want to give up.

地球人

https://blacknet.ninja/posts/2018-08-09-jpl.html
legendary
Activity: 2758
Merit: 1075

Dr.Rat so blacknet is a fork of ethereum?

Where your solution is better than Tezos or Neo??

good question. I also want to know.

I also want to know how it compares with EOS.

Among projects I know, Ardor has the most similar design. Instead of permissioned child chains, Blacknet will have permissionless extensions.
Shocked ...tell us more pleeeeease  Kiss
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